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August 9, 2016
IDLC launches "Easy Invest", a monthly investment scheme
IDLC Investments limited, the wholly owned subsidiary of IDLC, the largest NBFI of the country, has launched "Easy Invest", a Monthly Investment Plan for retail investors. It is a discretionary portfolio management product, where IDLC Investments will work as fund manager. The fund will be invested in selected blue chip stocks with the aim of minimizing market risk and generating reasonable return. Today in a hotel of Dhaka, the scheme was inaugurated by Dr. Mirza Azizul Islam, former advisor, Govt of Bangladesh -- who was greeted as the chief guest of the occasion.

CEO and Managing Director of IDLC Finance Limited Mr. Arif Khan spoke on the occasion. He mentioned that for over thirty years, IDLC has always been in pursuit of innovating new products to change the lives of the people of our society with its little capacity. The newly launched product is designed to attract small savers and bring back people to the market who lost all their hopes since the market crashed. Be emphasized that this new form of portfolio management will help the investors having a little or no knowledge about the stock market or those who do know have much time to follow the market. This is completely a new concept in our country, even though it is highly popular in India -- commonly known as SIP (systematic investment plan).

Mr. Md. Moniruzzaman, Managing Director of IDLC Investments defined in brief the features of the scheme where he added investing in blue chip shares pays significantly higher return than investing in FDRs in the long term. Currently, the inflation rate and FDR rate is almost the same. Thus, the clients can hardly generate any `real return` from FDRs. He said after the 2010-11 stock market crash, some blue chip shares witnessed a growth of around 400 per cent. Thus, this product is particularly suitable in this low interest rate regime. He also added that this scheme could be a good choice for the regular income class who have a very limited option to invest their hard earn money. Long term and mid-term financial goals like child education, marriage expenses, travel expenses, property purchase etc. can be met by this scheme.

Backed by research support, IDLC`s professional and experienced portfolio managers will look after the fund following disciplined and systematic portfolio management approach. As the portfolio will be formed over a period, it will enjoy the benefits of cost averaging and will be devoid of emotional bias. Operationally, no physical cheques will be handled. Fund pulling will be done electronically. He showed his vision that one day, this product will bring hundreds of thousands of small savers into capital market following the history of other markets.

A number of print, online and electronic media journalists, financial professionals from different organizations and senior officials of the company were present in the occasion.
September 17, 2015
IDLC in collaboration with BASIS launches a comprehensive solution for ICT Entrepreneurs
IDLC Finance Limited, Bangladesh's largest non-banking financial institution and BASIS, the national trade body for Software & IT Enabled Service Industry of Bangladesh have jointly launched a unique service called IDLC Udhbhabon - a comprehensive financial and non-financial solution for ICT Entrepreneurs.

Zunaid Ahmed Palak, State Minister, ICT Division, Nazneen Sultana, Deputy Governor, Bangladesh Bank, Shamim Ahsan, President, BASIS and Selim R. F. Hussain, CEO & Managing Director, IDLC Finance Limited, BASIS Members and other members of IDLC Finance Limited attended the launch ceremony.

?IDLC Udhbhabon will not only provide traditional financing facility for ICT entrepreneurs, but also deliver non-financial services which will help them grow and scale up their businesses. We believe that Udhbhabon will make significant contribution to the development of the ICT sectors in Bangladesh.
June 9, 2015
IDLC Launches Comprehensive Women Entrepreneurs' Loan, Purnota
IDLC Finance today unveiled a unique financial solution for women entrepreneurs in Bangladesh. The product, named "IDLC Purnota", is structured to meet both financial and non-financial needs of women entrepreneurs across Bangladesh. IDLC Purnota offers special interest rates on loan and deposit products, an opportunity to network with fellow entrepreneurs, health insurance coverage, different training opportunities, E-commerce platform, dedicated help-line, legal documentation support, and special discount cards for great shopping experience.

Purnota is IDLC`s vision to develop and grow women entrepreneurship that helps create more equitable society and resource distribution. Dr. Atiur Rahman, honorable Governor of Bangladesh Bank, M. Abul Quasem, Deputy Governor of Bangladesh Bank, Anwarul Huq, Chairman, IDLC Finance Limited, and Selim R.F. Hussain, CEO & MD, IDLC Finance Limited were present at the launching ceremony.

"IDLC Purnota not only meets traditional financial needs of women entrepreneurs, but also provides the various other non-financial support that women need to start or grow a business. We have seen these kind of services offered in other developing countries and, with the assistance of the IFC, have surveyed our own Bangladeshi women entrepreneurs and found that there is a strong need for such non-financial support"- Selim R.F. Hussain, CEO & Managing Director, IDLC Finance, shared his thought on the launching occasion.

The IDLC Group is the largest multi-product Non-Bank Financial Institution in Bangladesh with over 1,300 staff and 31 branches. IDLC Finance, the Group`s parent company, maintains equal focus in the Corporate, Consumer and SME segments. IDLC Finance also has a significant presence in the Capital Markets through its wholly-owned subsidiaries, IDLC Investments Ltd. and IDLC Securities Ltd.
April 6, 2015
IDLC Finance Launches "SME Advantage Card for SME Customers"
IDLC Finance Ltd, the largest non-bank financial institution in Bangladesh, recently launched its SME Advantage Card, a loyalty program that provides privileges at select life-style outlets for SME entrepreneurs. The partner brands are all IDLC clients looking to collaborate with other SME entrepreneurs. The SME Advantage Card will be made available to all SME customers of IDLC Finance.

Abul Quasem, Deputy Governor, Bangladesh Bank launched the SME Advantage Card.

"IDLC is committed to providing a wide range of Non-Financial Services for its valued clients. The "SME Advantage Card" for SME entrepreneurs is the first such initiative in Bangladesh and is the first of the many Non-Financial services that IDLC has pledged to introduce." said Selim R.F. Hussain, Chief Executive Officer and Managing Director of IDLC Finance Limited.

Abul Quasem, Deputy Governor, Bangladesh Bank, said "This kind of initiative would help the SME entrepreneurs of Bangladesh to connect with each other and create a platform to expand their businesses."

Swapan Kumar Roy, General Manager, SME & Special Programs Department of Bangladesh Bank, H.M. Ziaul Hoque Khan, Deputy Managing Director & CFO and Zahid Ibne Hai, General Manager and Head of SME of IDLC Finance and other senior officials from IDLC Finance Ltd, partner vendors and many SME entrepreneurs also attended the launching ceremony.
October 24, 2013
IDLC Finance Launches 'SME Welcome Pack'
IDLC Finance Limited, in keeping with its pledge to offer innovative financial services to its customers, recently has introduced a ‘SME Welcome Pack’ for its new SME customers. The Welcome Pack will offer discounts on goods and services in a wide variety of stores, ranging from furniture to clothing etc.

The company has also introduced a new ‘SME Loan Application Form’ – which is aimed to make SME loan application the simplest and the most customer friendly.

Shukomol Sinha Chowdhury, General Manager, SME & Special Programs Department of Bangladesh Bank, Selim R.F. Hussain, Chief Executive Officer & Managing Director, IDLC Finance Ltd., Zahid Ibne Hai, General Manager and Head of SME, IDLC Finance Ltd. and other senior officials from Bangladesh Bank and IDLC Finance Ltd. attended the launching ceremony.
September 25, 2012
IDLC launches "RegistraLoan"
Consumer Division of IDLC Finance Limited is pleased to launch "RegistraLoan", the First Loan of its kind in Bangladesh, on September 25, 2012. This Secured Loan is offered to property buyers and possession holders for securing ownership of apartment, commercial space and land.

"RegistraLoan" is a secured loan against the mortgage of real estate ownership, which will help the customers manage their registration cost of the property whether they are purchasing real estate property or they already have the property under their possession, but have not registered it yet. Service-holders, professionals and self-employed persons (including business persons) may apply for this loan to cover the registration cost of the real estate property. Those who have already registered their property using own financing are also entitled to avail this loan product for reimbursement of the registration cost.

Eligible customers may avail a limit of up to BDT 2.0 Million with comfortable loan tenure of maximum 10 years at competitive interest rates and processing fees.
June 28, 2011
IDLC launches Online SME Loan Eligibility Tool
IDLC Finance Limited, the largest multi-product Non-Bank Financial Institution in Bangladesh, has just pioneered an ‘Online SME Loan Eligibility’ - a web based tool which will allow SME entrepreneurs to assess their primary eligibility for accessing a SME loan from IDLC. The interactive tool is expected to facilitate entrepreneurs, who are keen to avail of SME financing, by allowing them to gauge their preliminary loan eligibility throug logging-in to www.idlc.com and filling out a simple web form.

Mr. Aftab ul Islam, Chairperson, SME Foundation formally inaugurated IDLC SME Online Eligibility Tool as Chief Guest. Mr. Selim R F Hussain, Managing Director and CEO, Mr. Ziaul Haque Khan, CFO and Mr. Zahid Ibne Hai, Head of SME and other senior officials of IDLC Finance limited were also present during the occasion.

IDLC’s SME Division offers a product suite which includes Loan, Lease, and Supplier-Finance products and, in less than five years, has already disbursed over BDT 10 billion in SME loans from its 17 branches/SME booths across the country. IDLC Finance, with speedy turn-around times, customer-friendly service, tailored solutions and a Non-Performing-Loan Ratio of less than 2.00%, has established itself as one of the leading and most successful SME finance-providers in Bangladesh.
January 5, 2011
IDLC SME Division launches two new products
SME division of IDLC Finance Ltd. Has recently launched two new products- SME Commercial Vehicle Loan and SME Seasonal Loan. The products brief are as follows-

“SME Commercial Vehicle Loan” is a financing facility for Small and Medium Enterprises (SME) to procuring commercial vehicles at simple and convenient terms.

“SME Seasonal Loan” is a financing facility for Small and Medium sized trading and manufacturing businesses with flexible repayment terms. The loan repayment schedule is structured in a way to match the cash flow of the business. Loan limit of the facility is BDT 0.30 mn to BDT 7.50 mn.